Tron Price Prediction: TRX Bulls Keeps Pushing, Why Rally Isn't Over Yet
Tron price is gaining pace above $0.0850 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.092.
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Tron price is gaining pace above $0.0850 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.092.
At the time of writing, Tron was trading at a significant resistance level previously retested in June and July. Furthermore, the cryptocurrency was almost oversold which means it was in a psychological profit-taking zone.
In the fast-paced world of cryptocurrencies, TRON's TRX token has been making waves with its recent 0.93% price surge, reaching $0.08574. This upward momentum has caught the attention of investors and crypto enthusiasts alike, prompting us to delve into the key takeaways and future possibilities for TRON as of September 27, 2023.
Story Highlights Tron crypto could reach a maximum of $0.14 by the end of 2023. TRX coin price, with a potential surge, could go as high as $0.7259 by the end of 2030.
Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) has broken above the overriding resistance at $0.85, indicating an uptrend.
Tron price started a fresh increase above the $0.035 level against the US Dollar. TRX price is now trading above $0.0835 and the 55 simple moving average (4 hours).
In recent hours, TRON's TRX token has caught the attention of crypto enthusiasts with a slight 0.16% price increase, reaching $0.08427. This surge in value, analyzed as of September 25, 2023, has brought TRON back into the spotlight.
The Lazarus Group, a hacking collective linked to North Korea, has emerged as a significant TRON whale, as per blockchain data. Lately, they've been busy making unlawful profits from cryptocurrency platforms.
North Korean-sponsored hacking collective the Lazarus Group is a TRON whale, according to on-chain data. Moreover, it has been on the rampage recently, raking in illicit gains from crypto platforms.
Justin Sun, founder of Tron, spoke on X about the latest crypto hack suffered by Huobi, which lost 5,000 ETH, the equivalent of $8 million.
TRX has been stuck in a narrow price consolidation and could offer new buying opportunities at the mid range or range low.
In the midst of a legal turmoil, TRX prices show a positive reaction. Here's a look at the latest updates on the ongoing SEC vs Tron battle.
Google's Bard AI was asked to find the best DeFi coins in today's bear climate. According to the AI tool, Tron's (TRX) recent partnership with Curve Finance makes it a contender. Likewise, MetaMask's support for THORChain could bring strong growth for RUNE. Yet, both projects will likely fall behind Borroe.
Tron price is holding gains above $0.0825 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.095.
Tron's TVL registered a spike over the last few days. While the metric surged, TRX's price action remained sideways.
In the midst of a stormy crypto market, TRON's native crypto asset, TRX, is making waves. TRON, a blockchain-based decentralized network, has set its sights on revolutionizing the digital content entertainment industry through distributed ledger technology, making data sharing simpler and more affordable.
This move is part of Google Cloud's ongoing collaboration with the blockchain community to democratize blockchain data and make it accessible to developers.
Tron's latest milestone could be considered as a huge achievement for the network. However, TRX struggled to maintain a positive momentum.
On Sept. 19, Justin Sun, founder of Tron Network (CRYPTO: TRX) tweeted: “1B #USDT on #TRON.” The Tron Network account echoed the celebration, tweeting: "#TRON is the king of #USDT".
Tron (TRX) price has held quite well in the past few months, making it one of the best-performing coins in the industry. It rose to a high of $0.085 on Wednesday, the highest level since July 29th. It has risen by more than 86% from the lowest level in December.
Tron's cheap fees and preference for stablecoin transactions on the network help it overcome Ethereum. But will the notable increase result in an unexpected flip?
Recent blockchain surveillance reveals a significant move in the cryptocurrency landscape Tethers Treasury authorized a $1 billion USDT to enhance liquidity for the Tron network. This news, first made public on the platform X (previously known as Twitter), quickly received comments from Tethers Chief Technical Officer, Paolo Ardoino.
Tron price started a fresh increase above the $0.080 level against the US Dollar. TRX price is now trading above $0.0830 and the 55 simple moving average (4 hours).
Tether, the leading stablecoin, has allocated $1 billion USDT to bolster the Tron network. This authorization, while significant, is not an immediate issuance. Paolo Ardoino, Tether's CTO, clarified that it is set aside for future issuance requests and chain swaps from Tron.